Property profile

602 Baseline Rd Phoenix, AZ 85042

OFF-MARKET
Strip malls
Property ID
US07-1051994
13,140 SF 1.12 ac lot Built 1987
Entity Owned 7-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Construction CONCRETE
Total area 13,140 SF
Lot 1.12 ac (48,831 SF)
Zoning code C-1
APN 114-16-013
UPID US07-1051994

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Department Store
  • Restaurant
  • Discount Store
  • Grocery & Convenience Store Food Market

Location

602 Baseline Rd Phoenix, AZ 85042-6552
Phoenix metro Census 116500 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.78M
Blend (final) Blend
$1.70M

Owner & transaction history

since 2018
7 recorded transactions
2018
$12.5M
2016
$9.7M
2005
$13.8M
2005
$12.5M
1999
Price N/A
1999
Price N/A
1997
$3.4M

Zoning & alternative use

C-1 · Phoenix, AZ
Zoning description

The purpose C-1 zone is to provide light neighborhood type retail and customer service uses designed to be compatible with each other and nearby residential districts

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 602 Baseline Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message